Should people pay more taxes to get out of the crisis? — RT

breakingnews

Go to main page USA News Should people pay more taxes to get out of the crisis?

Follow RT on

facebook twitter YouTube Google+

MORE ON THE STORY

New York

06.12.2009, 12:19 2 comments

Are you scared of becoming unemployed?

This year has seen US unemployment levels rise to a staggering 15 million. 'The Resident', Lori Harfenist, took to the streets of New York to find out what people really feel about the current situation.

13.12.2009, 09:10 3 comments

UK government too tough on banks?

The UK government has issued a one-time 50% tax on bank bonuses that are worth over £25,000. Lori “The Resident” Harfenist has asked New Yorkers if they think it is fair.

15.09.2009, 09:36 6 comments

BRIC to call the shots in post-crisis world

The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.

21.10.2009, 02:06 4 comments

Every sixth American lives in poverty

34 million Americans are relying on the food stamp program for everyday essentials. It’s mostly the elderly who are suffering.

13.11.2009, 22:38 4 comments

Pembroke: the most broke town in Obama’s home state

There’s broke and then there’s Pembroke (Illinois, that is). Located in the northern county of Kankakee, the township of Pembroke is now suffering a crushing 46% unemployment rate.

United States, New York : The headquarters of the Lehman Brothers investment bank on Sixth Avenue is seen on September 14, 2008 in New York (AFP Photo / Michael Nagle)

15.09.2009, 08:28 3 comments

Black Monday one year on: what’s in sight?

September 15 marks the economic 9/11 that shook the US last year. Global financial services firm Lehman Brothers collapsed and became a symbol of the largest bankruptcy in American history.

Photo from socialismdoesntwork.com

05.11.2009, 10:59 3 comments

The billionaire bailout society

The new financial instruments invented about 30 years ago helped the America’s wealthiest to suck up the extra wealth created by deregulated finance system, explains Les Leopold, author of “The Looting of America”.

05.04.2010, 12:45 3 comments

“The US economy will not recover for at least another decade” – Engdahl

American bankers see themselves as the gods of money, a class above mere mortals, and they can do what they wish, said renowned economic researcher and historian William Engdahl in an interview with RT.

22.03.2009, 08:46 1 comment

Are radical ideas that radical?

For the past decade Texas Congressman Ron Paul has been a radical voice warning that the US economy is about to collapse. He's been marginalized and even ridiculed, though. Why are people afraid to hear radical ideas?

AFP Photo / Eric Feferberg

05.04.2009, 10:24 1 comment

G20 meeting – helpful or just a waste of time?

World leaders met in London on April, 2 in an attempt to find a way out of the world economic crisis, but did the meeting of minds actually solve the world's financial problems, or was it just a waste of time?

Should people pay more taxes to get out of the crisis?

Link copied to clipboard

email story to a friend print version

Published: 28 March, 2010, 10:12

(9.1Mb) embed video

TAGS: Crisis, Crisis Chronicle, The Resident, USA

As the economic crisis continues to take its toll in America, some people object to paying high income taxes to try and help out.

But others argue that is exactly what is needed to fund the services that everyone needs.

Lori “The Resident” Harfenist hits the streets of New York to canvas opinion.

Follow @rt_com Back to top

Share

Share on Tumblr

previous next MORE NEWS

US, Searchlight: Tea Party supporter Jody Black from Las Vegas arrives for a Tea Party rally in Nevada, on March 27, 2010. (AFP Photo / Robyn Beck)

28.03.2010, 08:47 21 comments

“Healthcare is not a right” – Ron Paul

Healthcare is not a right that should be paid for by the state, Congressman Ron Paul told RT.

28.03.2010, 12:36 2 comments

Google out of China

As Google reroutes its Chinese-language search to Hong Kong, questions remain over the company's motivations.

myspace hit counter